I know I'd seen the possibility of CVRR dropping back to something approaching $14 and it is obviously there right now. But given the rapidity with which it has dropped, I think $12-$13 isn't exactly far fetched. A terrible payout plus guidance could do it---perhaps 35 cents for the next quarter about to be announced (Q4 of 2015).
The distribution could actually drop more than that as you aptly point out in stating 50 cents is a possibility although the negative environment says everything.
So I think we should all buy CVRR and donate a portion of our non-existent distributions to Mr. Icahn just to remain in the spirit of things.
Kidding aside, there will be a "right" time to reload with CVRR units but as I've been saying for more than three months now, I think the time will not be before March---after guidance has been delivered.
Recent CVI News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 08:18:44 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 05/17/2024 08:31:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 08:26:23 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 09:03:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:29:23 PM
- CVR Energy Provides Update to Operational Statistics and Financial Information for its Petroleum and Renewables Businesses • GlobeNewswire Inc. • 05/14/2024 08:19:18 PM
- CVR Energy Reports First Quarter 2024 Results and Announces a Cash Dividend of 50 Cents • GlobeNewswire Inc. • 04/29/2024 08:57:32 PM
- CVR Energy to Release First Quarter 2024 Earnings Results • GlobeNewswire Inc. • 04/16/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:42:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:20:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 10:17:09 PM
- CVR Energy Reports Fourth Quarter and Full-Year 2023 Results and Announces a Cash Dividend of 50 Cents Per Share • GlobeNewswire Inc. • 02/20/2024 10:06:40 PM
- CVR Energy to Release Fourth Quarter and Full-Year 2023 Earnings Results • GlobeNewswire Inc. • 02/07/2024 01:30:00 PM
- RFA Asks Fifth Circuit to Rehear SRE Case, Transfer to DC Circuit -- OPIS • Dow Jones News • 01/09/2024 05:32:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/02/2024 09:16:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/21/2023 09:22:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:27:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:25:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:23:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:22:25 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/15/2023 09:18:56 PM
- CVR Energy Announces Pricing of Private Placement of $600 Million of 8.500% Senior Notes due 2029 • GlobeNewswire Inc. • 12/08/2023 09:20:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/07/2023 01:12:19 PM
- CVR Energy Announces Private Placement of $600 Million of Senior Notes • GlobeNewswire Inc. • 12/07/2023 12:56:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:18:41 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
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